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find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how
find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest.
R= 9100 ; 7% interest compounded semiannually for 6 years.
the future value of the ordinary annuity is $____.
(round to the nearest cent as needed ).
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